Branches of China Everbright Bank Co. and Hang Seng Bank
Ltd. in the eastern city of Nanjing are giving a 10 percent
discount on interest rates for some first-time home buyers, the
National Business Daily reported, citing officials from the
banks.

Sichuan Swellfun Co. (600779) (600779 CH), the Chinese liquor maker
that’s a partner of Diageo Plc, gained 3.7 percent to 26.05
yuan. Diageo will make a mandatory tender offer for a 60.29
percent stake in the Chinese liquor maker from March 26 to April
24, according to a statement from Swellfun.